Lier Chemical Co.,LTD. Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Net Income	580.71	215.34	603.89	1,813	1,072
Depreciation & Amortization	987.78	820.3	629.44	565.54	495.49
Other Amortization	4.24	1.58	1.46	2.89	2.21
Loss (Gain) From Sale of Assets	-10.64	-5.66	-0.54	0.73	-0.22
Asset Writedown & Restructuring Costs	61.07	67.07	58.64	70.15	57.21
Loss (Gain) From Sale of Investments	-1	0.29	11.92	13.43	-21.99
Other Operating Activities	77.89	138.08	202.93	157.1	195.43
Change in Accounts Receivable	-530.83	-739.97	-194	-208.13	-527.42
Change in Inventory	167.13	-84.58	56.38	-208.07	-434.34
Change in Accounts Payable	-35.46	-24.19	-464.24	384.48	467.4
Operating Cash Flow	1,297	312.5	938.57	2,597	1,317
Operating Cash Flow Growth	314.93%	-66.70%	-63.85%	97.12%	46.52%
Capital Expenditures	-1,083	-1,183	-1,972	-2,209	-801.75
Sale of Property, Plant & Equipment	16.89	35.92	67.7	9.37	1.87
Investment in Securities	-	1.3	0.73	0.19	5.53
Other Investing Activities	-171.99	-0.13	-14.67	2.52	11.38
Investing Cash Flow	-1,238	-1,146	-1,918	-2,197	-782.97
Short-Term Debt Issued	-	-	49.8	-	2
Long-Term Debt Issued	1,538	1,860	2,143	644.13	1,135
Total Debt Issued	1,538	1,860	2,193	644.13	1,137
Short-Term Debt Repaid	-	-	-5	-	-5
Long-Term Debt Repaid	-1,538	-947.2	-681.55	-755.71	-1,327
Total Debt Repaid	-1,538	-947.2	-686.55	-755.71	-1,332
Net Debt Issued (Repaid)	0.46	912.53	1,506	-111.58	-194.81
Common Dividends Paid	-397.12	-79.76	-442.67	-305.04	-153.93
Other Financing Activities	-123.47	-77.81	-45.12	43.25	35.45
Financing Cash Flow	-520.13	754.96	1,018	-373.37	-313.3
Foreign Exchange Rate Adjustments	15.92	27.23	9.63	25.19	-5.32
Net Cash Flow	-445.85	-51.09	48.13	51.56	215.64
Free Cash Flow	213.46	-870.37	-1,034	387.66	515.48
Free Cash Flow Growth	-	-	-	-24.80%	16.02%
Free Cash Flow Margin	2.37%	-11.91%	-13.16%	3.82%	7.94%
Free Cash Flow Per Share	0.27	-1.09	-1.29	0.49	0.68
Cash Income Tax Paid	-324.06	-91.38	-180.72	-315.22	-34.12
Levered Free Cash Flow	598.2	-840.94	-764.64	138.82	146.44
Unlevered Free Cash Flow	598.2	-787.78	-733.9	180.05	201.88
Change in Working Capital	-403.39	-924.5	-569.15	-25.8	-483.28

Source: S&P Global Market Intelligence. Standard template. Financial Sources.